First Quarter Forecast-2019

It’s that time of year when our thoughts turn to resolutions, goals, refreshing of bucket list ideas and even a bit of rumination regarding our course of life. Consistent with the traditions associated with the beginning of the year, we get to look back on our 2018 forecasts and offer our forecast for the next year. Economic growth- encapsulated by U.S. Gross Domestic Product (GDP) – moved in synchrony with our forecast. We anticipated seeing year over year growth at 3.2%. While we do not yet have the fourth quarter numbers, we anticipate we will see 2018 GDP come in very close to our 3.2% forecast. Stock Market – it just didn’t happen the way we anticipated. Through the first three fourths

2019-The New Year Ahead

It’s that time of year when our thoughts turn to resolutions, goals, refreshing of bucket list ideas and even a bit of rumination regarding our course of life. Consistent with the traditions associated with the beginning of the year, we get to look back on our 2018 forecasts and offer our forecast for the next year. Interest Rates Let’s start with interest rates – specifically the U.S. 10 Year Treasury Note. The 2018 year began with the yield on the U.S. 10 Year at 2.41%. Our forecast was for the yield to reach the proximity of 3 -3.2%. In late August into early September, the yield reached upwards of 3.40% only to careen down to finish the year at a 2.69% yield. Interest rates were lik

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